Consolidated Statement of Cash Flows 
For the year ended 31 December 2025 
 
Notes 
2025 $ 
2024 $ 
Cash flows from operating activities 
 
 
 
Exploration and evaluation expenditure 
 
(10,905,704) 
(16,375,319) 
Payments to suppliers and employee (inclusive of GST) 
 
(3,847,478) 
(4,277,311) 
R&D tax refund 
 
607,965 
3,520,447 
Other receipts 
 
21,890 
23,889 
Interest received 
 
897,398 
1,432,323 
Net cash used in operating activities 
14 
(13,225,929) 
(15,675,971) 
 
 
 
Cash flows from investing activities 
 
 
 
Payments for mine development 
 
(2,051,011) 
- 
Payments for property plant & equipment 
 
(74,476) 
(266,514) 
Payments for exploration acquisitions 
 
(42,624) 
(108,245) 
Payment of security deposits 
 
- 
(62,249) 
Proceeds from the sale of property plant and equipment 
 
500 
3,241 
Net cash used in investing activities  
 
(2,167,611) 
(433,767) 
 
 
 
Cash flows from financing activities 
 
 
 
Proceeds from issue of equity securities 
 
23,077,946 
- 
Proceeds from exercise of options 
 
- 
426,750 
Capital raising costs 
 
(727,705) 
(180) 
Payment of lease liability 
 
(325,712) 
(326,389) 
Net cash from financing activities  
 
22,024,529 
100,181 
 
 
 
Net increase/ (decrease) in cash and cash equivalents 
 
6,630,989 
(16,009,557) 
Cash and cash equivalents at the beginning of the period 
 
18,043,388 
34,673,852 
Effect of exchange rate fluctuations on cash held 
 
(97,196) 
(620,907) 
Cash and cash equivalents at 31 December 
13 
24,577,181 
18,043,388 
The above consolidated statement of cash flows should be read in conjunction with the accompanying notes. 
 
 
 
52
ANNUAL REPORT     CENTAURUS METALS LIMITED
CENTAURUS METALS ANNUAL REPORT 2025

View this content as a flipbook by clicking here.